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Telefônica Brasil S.A.BOVESPA:VIVT3 Stock Report

Market Cap R$111.2b
Share Price
R$34.81
R$40.29
13.6% undervalued intrinsic discount
1Y25.8%
7D-2.0%
1D
Portfolio Value
View

Telefônica Brasil S.A.

BOVESPA:VIVT3 Stock Report

Market Cap: R$111.2b

Telefônica Brasil (VIVT3) Stock Overview

Operates as a mobile telecommunications company in Brazil. More details

VIVT3 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends2/6

VIVT3 Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Telefônica Brasil S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Telefônica Brasil
Historical stock prices
Current Share PriceR$34.81
52 Week HighR$43.47
52 Week LowR$27.55
Beta0.31
1 Month Change-12.84%
3 Month Change-14.47%
1 Year Change25.85%
3 Year Change66.28%
5 Year Change57.80%
Change since IPO274.30%

Recent News & Updates

Analysis Article May 14

Earnings Miss: Telefônica Brasil S.A. Missed EPS By 22% And Analysts Are Revising Their Forecasts

Last week, you might have seen that Telefônica Brasil S.A. ( BVMF:VIVT3 ) released its quarterly result to the market...
Narrative Update Apr 22

VIVT3: Capital Returns And Governance Changes Will Shape Measured Future Outlook

Analysts have lifted the price target for Telefônica Brasil slightly, from roughly R$39.86 to about R$40.29. This reflects updated assumptions that combine a similar discount rate with modest tweaks to revenue growth, profit margin expectations, and future P/E estimates.

Recent updates

Analysis Article May 14

Earnings Miss: Telefônica Brasil S.A. Missed EPS By 22% And Analysts Are Revising Their Forecasts

Last week, you might have seen that Telefônica Brasil S.A. ( BVMF:VIVT3 ) released its quarterly result to the market...
Narrative Update Apr 22

VIVT3: Capital Returns And Governance Changes Will Shape Measured Future Outlook

Analysts have lifted the price target for Telefônica Brasil slightly, from roughly R$39.86 to about R$40.29. This reflects updated assumptions that combine a similar discount rate with modest tweaks to revenue growth, profit margin expectations, and future P/E estimates.
Narrative Update Apr 07

VIVT3: Capital Return Actions And Governance Changes Will Shape Balanced Future Outlook

Analysts have nudged their price target on Telefônica Brasil higher from about R$38.88 to roughly R$39.86, citing updated assumptions for revenue growth, profit margins, and future P/E levels. What's in the News The Board of Directors appointed Rodrigo Rossi Monari as Chief Financial and Investor Relations Officer.
Narrative Update Mar 24

VIVT3: Capital Return Plans And Governance Changes Will Shape Balanced Future Returns

Analysts have raised their price target on Telefônica Brasil slightly, from R$38.27 to R$38.88, citing updated assumptions for revenue growth, profit margins, and a modestly lower future P/E multiple. What's in the News An extraordinary shareholders' meeting on March 12, 2026 approved a BRL 4,000m capital reduction, with planned reimbursement of BRL 1.25171862845 per common share, subject to a 60‑day creditor opposition period and an ex‑reimbursement date after May 22, 2026 (company meeting minutes).
Narrative Update Mar 09

VIVT3: Buyback Program And Capital Changes Will Support Steady Future Returns

Analysts have nudged their price target on Telefônica Brasil slightly higher to R$38.27 from R$37.77, reflecting updated assumptions for revenue growth, profit margins and future P/E expectations. What's in the News Telefônica Brasil approved a new share repurchase program that allows the company to buy back up to 42,861,656 common shares, or 5.81% of its issued share capital, valid until February 22, 2027, funded by statutory profit reserves and current year results (Key Developments).
Narrative Update Feb 22

VIVT3: Capital Reduction And Governance Meetings Will Support Steady Future Returns

Analysts have nudged their price target on Telefônica Brasil higher, pointing to a slightly richer assumed future P/E multiple of 19.82x, while keeping fair value steady at R$37.77 and only marginally refining long term revenue growth and profit margin assumptions. What's in the News Board meeting scheduled for February 12, 2026, to consider a proposal for the declaration of Interest on Capital and the resignation of a board member.
Analysis Article Feb 08

The Price Is Right For Telefônica Brasil S.A. (BVMF:VIVT3)

With a price-to-earnings (or "P/E") ratio of 20.6x Telefônica Brasil S.A. ( BVMF:VIVT3 ) may be sending very bearish...
Narrative Update Feb 08

VIVT3: Capital Restructuring And Governance Moves Will Shape Steady Future Returns

Analysts have modestly revised their price target on Telefônica Brasil, citing small adjustments to revenue growth, profit margin expectations, the discount rate and the future P/E assumption. Together, these factors keep their fair value estimate broadly unchanged around R$37.77.
Narrative Update Jan 23

VIVT3: Capital Actions And Governance Updates Will Shape Steady Future Returns

Analysts now see slightly lower upside for Telefônica Brasil, trimming their fair value estimate from R$37.84 to R$37.77 as small adjustments to revenue growth, profit margin assumptions, and future P/E expectations offset each other. What's in the News The AGM on January 9, 2026 approved consolidation of the company’s bylaws to reflect previously approved amendments, indicating recent governance and structural updates (Key Developments).
Narrative Update Jan 08

VIVT3: Capital Reduction And Buyback Completion Will Support Future Shareholder Returns

Narrative Update: Telefônica Brasil Analyst Price Target Shift Analysts have slightly adjusted their price views on Telefônica Brasil, trimming fair value assumptions to around R$37.84 per share. They are factoring in a modestly higher discount rate of 18.40%, a small change in expected revenue growth to about 5.57%, a profit margin assumption near 13.90%, and a future P/E closer to 20.09x.
Narrative Update Dec 19

VIVT3: Capital Reduction And Buyback Will Drive Stronger Shareholder Returns

Analysts have slightly raised their price target on Telefônica Brasil to approximately $37.84 from $37.70, citing expectations for marginally higher long term valuation multiples, despite a modest softening in projected profit margins and revenue growth. What's in the News Board to evaluate the net value of interest on capital attributed to the mandatory dividend for fiscal 2025 and the corresponding payment schedule by April 30, 2026, at the December 16, 2025 meeting (company filing) Proposal to reduce the company's capital stock by R$4 billion and amend the bylaws, scheduled for approval at the December 10, 2025 board meeting (company filing) Board meeting on November 28, 2025 to consider changing the corporate purpose and convening an extraordinary shareholders meeting (company filing) Extraordinary shareholders meeting set for January 9, 2026 in Sao Paulo to ratify a Fibre-related acquisition, cancel treasury shares, and consolidate bylaw changes (company filing) Completion of a share buyback of 41,485,714 shares for BRL 1.2 billion, representing about 1.28 percent of capital, under the program announced in February 2025 (company filing) Valuation Changes Fair Value: The price target has risen slightly from $37.70 to approximately $37.84 per share.
Analysis Article Dec 12

Telefônica Brasil (BVMF:VIVT3) Is Doing The Right Things To Multiply Its Share Price

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Narrative Update Dec 05

VIVT3: Buyback And Network Security Push Will Support Modest Future Returns

Analysts have modestly raised their price target for Telefônica Brasil to approximately $37.70 from about $37.41, citing slightly faster expected revenue growth, improved profit margins, and a lower future price to earnings multiple that together support a higher fair value. What's in the News Board meeting scheduled for November 28, 2025, to consider changing the company’s corporate purpose and convening an Extraordinary Shareholders Meeting to amend its bylaws (Board Meeting) Extraordinary Shareholders Meeting set for January 9, 2026, to ratify the acquisition of a 24.99% stake in a target company from Fibre Brasil Participações, cancel treasury shares, and consolidate amended bylaws (Changes in Company Bylaws/Rules) Special and Extraordinary Shareholders Meeting to be held in person on January 9, 2026, at the company’s São Paulo headquarters (Special/Extraordinary Shareholders Meeting) Completion of a share buyback program totaling 41,485,714 shares for BRL 1.2 billion, representing about 1.28% of share capital, as of September 30, 2025 (Buyback Tranche Update) Telefônica Brasil, alongside Claro and TIM, advancing commercialization of CAMARA compliant network APIs in Brazil, with a commercial launch targeted for the fourth quarter of 2025 to support fraud prevention and digital security use cases (Client Announcements) Valuation Changes Fair Value Estimate has risen slightly to R$37.70 from R$37.41, reflecting modest upside from prior assumptions.
Narrative Update Nov 21

VIVT3: Share Buyback and Security Release Will Drive Modest Future Returns

Analysts have modestly raised their price target for Telefônica Brasil, increasing it from R$36.89 to R$37.41. They cite incremental improvements in key financial metrics, including revenue growth and profit margin forecasts.
Analysis Article Nov 20

Is Telefônica Brasil (BVMF:VIVT3) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Nov 06

VIVT3: Share Buyback and New Security Initiatives Will Shape Fair Value Outlook

Narrative Update on Telefônica Brasil Analysts have raised their price target for Telefônica Brasil from R$36.02 to R$36.89, reflecting subtle adjustments to growth and profitability expectations. What's in the News Telefônica Brasil completed the repurchase of 41,485,714 shares, representing 1.28% of its share capital for BRL 1.2 billion, as part of its ongoing buyback program (Company filings).
Analysis Article Nov 02

Earnings Beat: Telefônica Brasil S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Shareholders might have noticed that Telefônica Brasil S.A. ( BVMF:VIVT3 ) filed its third-quarter result this time...
Narrative Update Sep 17

FTTH Consolidation And 5G Rollout Will Empower Future Connectivity

With both the Future P/E and consensus revenue growth forecasts remaining essentially stable, Telefônica Brasil’s fair value estimate was maintained with only a marginal increase in the analyst price target from R$35.59 to R$36.02. What's in the News Telefônica Brasil completed a buyback, repurchasing a total of 40,100,356 shares (1.24% of capital) for BRL 0.73 million under its announced program.
Narrative Update Sep 02

FTTH Consolidation And 5G Rollout Will Empower Future Connectivity

Telefônica Brasil’s valuation outlook remains stable as both future P/E and revenue growth expectations are virtually unchanged, resulting in only a marginal increase in fair value, with the consensus analyst price target rising slightly from R$35.16 to R$35.59. What's in the News Telefônica Brasil was removed from the Brazil Valor BM&FBOVESPA Index.
Analysis Article Aug 20

We Think Telefônica Brasil (BVMF:VIVT3) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jul 16

There's Reason For Concern Over Telefônica Brasil S.A.'s (BVMF:VIVT3) Price

Telefônica Brasil S.A.'s ( BVMF:VIVT3 ) price-to-earnings (or "P/E") ratio of 17.7x might make it look like a strong...
User avatar
New Narrative Nov 10

5G Expansion And Fiber Revolution Catalyze Revenue Growth And Margin Expansion

Expansion of 5G and fiber networks is set to boost revenue and margins through increased penetration and upselling opportunities.

Shareholder Returns

VIVT3BR TelecomBR Market
7D-2.0%-2.0%-0.7%
1Y25.8%26.5%13.7%

Return vs Industry: VIVT3 matched the BR Telecom industry which returned 26.5% over the past year.

Return vs Market: VIVT3 exceeded the BR Market which returned 13.7% over the past year.

Price Volatility

Is VIVT3's price volatile compared to industry and market?
VIVT3 volatility
VIVT3 Average Weekly Movement3.9%
Telecom Industry Average Movement5.3%
Market Average Movement5.0%
10% most volatile stocks in BR Market8.3%
10% least volatile stocks in BR Market1.9%

Stable Share Price: VIVT3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: VIVT3's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199835,010Christian Mauad Gebarawww.telefonica.com.br

Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line voice services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as value-added, prepaid plans with data sharing features, family plans, voice mail, caller identification, voice minutes in unlimited bundles to mobile and fixed-line phones, and digital services, and wireless roaming services. The company also offers data services, including broadband and mobile data services; fixed-line local services consist of activation, monthly subscription, public telephones and measured services.

Telefônica Brasil S.A. Fundamentals Summary

How do Telefônica Brasil's earnings and revenue compare to its market cap?
VIVT3 fundamental statistics
Market capR$111.24b
Earnings (TTM)R$6.37b
Revenue (TTM)R$60.66b
17.5x
P/E Ratio
1.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VIVT3 income statement (TTM)
RevenueR$60.66b
Cost of RevenueR$31.38b
Gross ProfitR$29.29b
Other ExpensesR$22.92b
EarningsR$6.37b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.99
Gross Margin48.28%
Net Profit Margin10.50%
Debt/Equity Ratio6.9%

How did VIVT3 perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
38%
Payout Ratio

Does VIVT3 pay a reliable dividends?

See VIVT3 dividend history and benchmarks
When do you need to buy VIVT3 by to receive an upcoming dividend?
Telefônica Brasil dividend dates
Ex Dividend DateFeb 24 2026
Dividend Pay DateApr 30 2027
Days until Ex dividend89 days
Days until Dividend pay date341 days

Does VIVT3 pay a reliable dividends?

See VIVT3 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 12:50
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Telefônica Brasil S.A. is covered by 28 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michel MorinBarclays
Mathieu RobilliardBarclays
Robin BienenstockBernstein